8. Identify the most recent lowest low/swing low then add 8 ATRs to the closing price of that candle (Closing Price + 8ATR). Wait for the price to close above this level.

Free Candle: 15-Minute Strategy for Confident Beginners

Knowing when the market is quiet is important because it means that the volatility will increase soon indicating a possible trade setup. If we want to refine our signals, we can begin with a period of low volatility and wait for an increase in volatility before looking to enter the trade.

Average True Range (ATR) | Forex Indicators Guide

The Forex market is really attractive because it operates 79 hrs a day and you can trade when the market is going up or when the market is going down and in the eagerness to make money, or prove themselves they dive headlong into trading.

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Follow the BIG Candle @ Forex Factory

The advantage of swing trading therefore is the fact that, all the minor price fluctuation in smaller timeframes (which is the domain of the day trader) is ignored and a larger long term view is held regarding each trade that is placed.

As you can see, the entry for System 6 remains the same. With the increase in volatility, you will be entered unreasonably in too many trades. On the other hand, System 7 will give you only the entries that count since its entry has been increased because of the increased volatility.

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